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2 votes
Accepted

On Forming an LLC in a State with Greater Privacy Protection

As with other US states, Virginia requires a foreign LLC to register and have a certificate of authority before operating in the state (see here). As such, if you operate in Virginia (including being ...
littleadv's user avatar
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1 vote

To whom does the owner of 100% of the shares of a company owe a fiduciary duty to?

Shareholders owe no duty, officers do australia The officers of a company are the directors, the company secretary, and anyone who controls the corporation, whether officially appointed to do so or ...
Dale M's user avatar
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1 vote

To whom does the owner of 100% of the shares of a company owe a fiduciary duty to?

Mere owners owe no duties. But mere owners do not control a corporation; directors do. Directors owe a fiduciary duty to the corporation. Failure to act consistent with that fiduciary duty can have ...
Jen's user avatar
  • 59.2k

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